Welcome to our dedicated page for Planet Labs PBC news (Ticker: PL), a resource for investors and traders seeking the latest updates and insights on Planet Labs PBC stock.
Planet Labs PBC reports news on its Earth-imaging satellite business, including global daily imagery, geospatial data products, and software-based insights for commercial and government customers. Recurring updates cover financial results, enterprise and government contracts, satellite services, and the use of PlanetScope imagery, high-resolution tasking, and professional services in monitoring workflows.
Company developments also include Pelican satellite launches, Tanager spacecraft initiatives, onboard AI and edge-computing capabilities, and capital-structure actions such as the completed redemption and delisting of public warrants while Class A common stock continues to trade under PL.
Planet (NYSE: PL) and NVIDIA are collaborating to build a GPU-native AI engine to accelerate satellite imagery processing, applying NVIDIA Blackwell, IGX Thor, CUDA, and CorrDiff to turn raw pixels into analysis-ready insights in seconds rather than hours. Planet plans in-orbit GPU integration on Pelican and Owl satellites to enable real-time, physics-informed super-resolution and global AI embeddings for intelligent search.
Planet (NYSE: PL) was selected as a prime contractor on March 3, 2026 under the Missile Defense Agency's SHIELD indefinite-delivery/indefinite-quantity contract vehicle. The SHIELD IDIQ has a ceiling of $151 billion, enabling rapid delivery of capabilities to the warfighter.
Planet intends to expand its government work by applying its global monitoring services and maritime domain awareness solutions, building on prior engagements with DIU, NGA, NRO, US Navy, and NATO for AI-enabled detections and warnings.
Planet (NYSE: PL) announced formation of two advisory bodies on February 13, 2026: a European Advisory Board and a Defense and Intelligence (D&I) Advisory Board. Both groups include senior former government, diplomatic and military leaders to guide Europe-focused strategy and national security offerings.
Inaugural members include Carl Bildt, Neelie Kroes, David Miliband, Oleksii Reznikov, Thomas Zurbuchen, Jeremy Fleming, Michèle Flournoy, and Gen. Tod Wolters.
Planet (PL) and AXA Digital Commercial Platform (AXA DCP) formed a strategic partnership on February 12, 2026 to integrate Planet’s high-frequency satellite imagery and Basemaps into AXA DCP’s AI risk-management platform.
The integration aims to improve near-real-time monitoring, prediction, and response for floods, wildfires, hurricanes, and other disasters, providing a "ground truth" environmental intelligence layer for preventative action.
Planet (NYSE: PL) will participate in investor events on February 18–19, 2026 with Robert Cardillo, Chief Strategist and Chairman of the Board of Planet Federal, delivering a keynote and a fireside chat.
Cardillo will speak at Barclays’ 43rd Annual Industrial Select Conference on Feb 18 at 12:10 p.m. ET and at Citi’s 2026 Global Industrial Tech and Mobility Conference on Feb 19 at 11:20 a.m. ET. Both events will be webcast and available for replay at investors.planet.com/events-and-presentations.
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Planet (NYSE:PL) announced an enterprise agreement with the Surveying and Mapping Authority of the Republic of Slovenia (GURS) to provide countrywide access to high-cadence PlanetScope imagery and high-resolution tasking for Slovenia's civil public administration.
The data will create a unified spatial data resource to support systematic monitoring of forests and agriculture, urban and infrastructure planning, and faster detection and response for wildfires, droughts, and floods. Planet's Ljubljana office, established after the 2023 Sinergise acquisition, will serve as a regional operations hub.
Planet (NYSE:PL) announced a multi-year, low nine-figure contract with the Swedish Armed Forces to deliver satellites, space-based data, and awareness solutions. This is Planet’s third satellite services contract in 12 months and follows over $500 million of satellite services deals signed across three contracts. Sweden will own a suite of Planet satellites and receive high-resolution imagery and intelligence, with commercial payments to be recognized as revenue over several years. The company says the deal leverages its scaled production, expands fleet capacity, and does not change previously issued Q4 financial guidance from December 10, 2025.
Planet (NYSE: PL) reported record Q3 revenue of $81.3M, up 33% YoY, with recurring ACV at 97%. Adjusted EBITDA was a $5.6M profit and year-to-date operating cash flow was $113.7M. End-of-period cash and short-term investments rose 180% YoY to $677.3M. RPOs increased 361% YoY to $672M and backlog grew 216% YoY to $734M. Planet launched 2 Pelican and 36 SuperDove satellites, acquired Bedrock Research, and announced Project Suncatcher with Google. Q4 2026 revenue guidance: $76M–$80M; full-year 2026 revenue guidance: $297M–$301M.
Planet (NYSE: PL) released first light imagery from its Pelican-6 satellite showing Lhasa Gonggar International Airport in Tibet, taken on December 4, 2025 from ~519 km altitude. Pelican-6 and Pelican-5 launched on November 28, 2025 aboard SpaceX Falcon 9 Transporter-15 with 36 SuperDoves.
Planet said image quality will improve as instrument calibration completes and satellites reach final operational orbits. The first-generation Pelican satellites deliver high-resolution multispectral imagery across six bands, support Planet’s 50 cm products, include on-board NVIDIA Jetson AI chips for edge compute, and are designed toward 30 cm class resolution.